SINOHOPE TECH (01611) saw its shares surge more than 11% during the trading session. As of the time of writing, the stock was up 7.77%, trading at HK$3.19 with a turnover of HK$143.755 million. Recently, SINOHOPE TECH disclosed its full-year 2025 financial results, revealing that its annual revenue skyrocketed by 4.5 times year-on-year to HK$8.6 billion. The company's Executive Director and CEO, Weng Xiaoqi, previously revealed that SINOHOPE launched its flagship private bank-grade digital asset custodian product last November, which has already attracted over 460 clients; this number is projected to surpass 1,000 by the end of 2026. Weng also anticipates that the next cryptocurrency bull market will entice more companies to enter the space, predicting that within the next 5 to 10 years, at least several hundred listed companies will allocate virtual assets, indicating substantial growth potential for related services. Notably, it was highlighted that "Hong Kong essentially lacks a retail market," allowing the company to cover over 80% of its target institutional market at approximately one-quarter of the cost of a VATP, a lightweight model that grants it the capability for low-cost global replication. In 2026, SINOHOPE TECH will initiate its "copy-paste" strategy: leveraging BitTrade to introduce its private banking system into Japan, while simultaneously expanding into Dubai, Singapore, Southeast Asia, and the Taiwan region. Weng Xiaoqi believes the "advantage of lightweight licensing" is crucial, disclosing that such licenses typically have short application cycles (often under six months) and low costs, enabling rapid market entry.
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